Global stocks near record highs with Fed Chair Powell reassuring on policy-easing plans, leaving investors optimistic.

From Bloomberg.:

Global stocks hovered near record highs as investors awaited news from the Bank of Japan regarding a possible interest rate hike in March. European shares remained flat, while Nasdaq 100 contracts edged up 0.3% following gains spurred by Federal Reserve Chair Jerome Powell’s reassurance that policy-easing is still planned for this year. Powell emphasized that rate cuts are not an immediate priority, calming market concerns. This cautious approach by central banks has left investors optimistic about economic stability and growth.



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